ORANGE, CA (April 27, 2026) – Edgewater Strategy Group (“Edgewater”), a boutique advisory firm specializing in M&A, capital raises and Office of the CFO services, today announced that it supported GreenFruit Avocados, LLC (“GreenFruit”), the California-based avocado ripening and distribution company, on its sale to Last Mile, a newly formed holding company established by a group of avocado industry veterans and backed by a fund managed by Ospraie Management, LLC (“Ospraie”), the New York-based investment firm.
Founded in 2014 and headquartered in Orange County, California, GreenFruit sources avocados from California, Mexico, Colombia and Peru and provides ripening, cold storage and distribution services through a network of facilities in Southern California, Texas, Pennsylvania, Chicago, Miami, Toronto and Vancouver.
Last Mile brings together Simpatica partners Scott Bauwens and Jamie Johnson, whose company is among California’s largest avocado growers; Jim Donovan, who previously served as Mission Produce’s Senior Vice President of Global Sourcing; and Tahuaycani, an investment company based in Spain that is closely tied to Agrícola Cerro Prieto (ACP Agro), one of Peru’s largest avocado growers. Last Mile acquired 100% of GreenFruit in a transaction that closed on April 24, 2026. Scott Bauwens now leads the company as Chief Executive Officer and Jim Donovan serves as Executive Chairman, while Brian Gomez, one of GreenFruit’s original owners, continues with the business as President of Sales. Ospraie will also participate on the company’s board. The new owners plan to pair GreenFruit’s ripening and distribution platform with growing, packing and shipping capabilities across North and South America.
Edgewater worked alongside GreenFruit’s owners and management team through signing and close, preparing the company’s financial and diligence materials, coordinating engagement with the buyer group and its financing partner, supporting the negotiation of transaction terms, and managing the due diligence process.
“GreenFruit has spent more than a decade building what is hardest to replicate in the avocado business: ripening and distribution capacity positioned close to the customer, from Southern California to Miami, Toronto and Vancouver. For owners who already grow and pack fruit across the Americas, that footprint completes the chain from orchard to retail shelf. Working alongside Brian and the GreenFruit team, our focus was on making that value clear to the right partners and seeing the transaction through to close.”
Hawken LordManaging Partner, Edgewater Strategy Group
Terms of the transaction were not disclosed.
GreenFruit’s full announcement is available here.
About GreenFruit Avocados
Founded in 2014, GreenFruit Avocados is an avocado company based in Orange County, California, offering ripening, cold storage, logistics and distribution services, with fruit sourced from California, Mexico, Colombia and Peru. For more information, visit greenfruitavocados.com.
About Last Mile
Last Mile is a holding company formed by Scott Bauwens, Jamie Johnson, Jim Donovan and Tahuaycani to acquire GreenFruit Avocados. It aims to bring growing, packing, shipping and ripening together in a single, vertically integrated avocado supply chain spanning North and South America.
About Edgewater Strategy Group
Edgewater Strategy Group is a boutique advisory firm specializing in Mergers and Acquisitions, Capital Raises, and Office of the CFO services. Edgewater works as an extension of its clients’ deal and finance teams, from sourcing and diligence through close and post-close integration. For more information, visit edgewaterstrategygroup.com.
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